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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (33175)8/29/2000 10:48:47 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
250,000 shares traded 10:40 EST [ T&S looks mostly short] the minute before a "caller" on CNBC asked an analyst about COVD. The analyst slammed it. Call was aired at 10:41: + EST . . . but CNBC knows the stock symbols ahead of time, so they can prepare their graphics. Volume averaged less than 20,000 per minute leading up to that trade. . . but increased to 50,000 per minute following. . .with large size on the bid. . . . . . . Are we to believe that someone was "lucky" enough to short-sell a minute before a CNBC slam?